Ethereum Devs Close EIP-1559 Loophole That Could Have Overwhelmed Blockchain
Ethereum developers have fixed a loophole in a forthcoming upgrade that would have left the network vulnerable to fake large transactions. Scheduled for mid-July, EIP-1559 burns some ETH spent on processing transactions instead of giving it all to miners, as is currently the case. The proposal aims to reduce the volatility of Ethereum’s transaction fee. […]